Equity
€1.1m ▲ 9.7%
Grondwerken Bothuyne has made a profit in every financial year since 2010.
Grondwerken Bothuyne
Lifetime
16 annual accounts with figures on one time axispeak €358,166 (2023)
€285,278▼ 16.9%
peak €163,844 (2010)
€98,306▼ 31.2%
peak €1.1m (2025)
€1.1m▲ 9.7%
€255,941▼ 51.7%
peak 0.3 FTE (2017)
-not published
Board5 names since 2021
4 directorsBOTHUYNE Dirk and 3 others
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Gross margin from €343,112 to €285,278Result from €142,873 to €98,306Debts from €529,595 to €255,941Cash from €318,983 to €176,157
Key points
from the 2025 annual accountsInvestments
€23,000 0.2 × depreciation
Green is investment, beige is depreciation.
Filings
16 annual accounts since 2010
Five of the last ten came late. The 2019 accounts came latest: 81 days after the end of the period.
Checked score
96
Excellent
Financially stronger than 65% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.2 percentage points vs 07-2025highest value
09-2025: < 0.1%▼ -0.4 percentage points vs 08-2025lowest value
10-2025: < 0.1%● unchanged vs 09-2025lowest value
11-2025: < 0.1%● unchanged vs 10-2025lowest value
12-2025: < 0.1%● unchanged vs 11-2025lowest value
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: 0.1%▲ +0.1 percentage points vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Size: total assets €1.4m
Figures for financial year 2025 (filed on 30-07-2026)
Equity €1.1m (81.3% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 90% of them on solvency, 58% on liquidity, 55% on profitability and 55% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as Grondwerken Bothuyne has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of Grondwerken Bothuyne itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 17,811 companies, not a prediction for Grondwerken Bothuyne. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.73 (1.96 in 2024), above the usual 1.5. Short-term debt is 18.7% and cash 12.9% of total assets. 18.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
27 days late
2023
20 days early
2022
12 days early
2021
11 days early
2020
31 days late
2019
81 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 14 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0818067316
1 director appointed, 4 managers resigning, 3 reappointments
Resignations: BOTHUYNE Dirk, BOTHUYNE Marc, BOTHUYNE Luc and NAESSENS Jozef Bertrand Oscar · Reappointments: BOTHUYNE Dirk, BOTHUYNE Marc and BOTHUYNE Luc · Appointment: BOTHUYNE Mathias André (director) · General meeting of 16-12-2021 · Gazette deed
Incorporation
published on 28-08-2009 · Gazette deed
First establishment
Kapellestraat 190, Zulte
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Grondwerken Bothuyne Zulte | €1.4m | €285,278 | 81.3% | - |
| BEGRO Sint-Gillis-Waas | €1.2m | €322,913 | 18.1% | - |
| BUSSCHAERT KRISTOF Aalter | €1.2m | €364,535 | 60.3% | 1 |
| KALEO CONSTRUCT Seraing | €1.4m | €305,799 | 37.6% | - |
| GRONDWERKEN KRIS AERNOUTS Hoogstraten | €1.2m | €306,464 | 96.5% | 0 |
| GRONDWERKEN NOYENS SYLVEER Geel | €1.2m | €301,946 | 34.3% | - |
| GRONDZORG LIMBURG Houthalen-Helchteren | €1.2m | €250,088 | 74.1% | 0 |
These companies have the same main activity as Grondwerken Bothuyne: site preparation (NACE 43120). They are comparable in size and age: total assets between €1.2m and €1.4m, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 26-08-2009Normal situation
- Activity
- Site preparationNACE 43120
- Establishment unit
- 2.181.027.3809870 Zulte, since 26-08-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €790,000estimated
- €1.4m▼ 11.3%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Grondwerken Bothuyne
Grondwerken Bothuyne files the abbreviated format. That format states no turnover. The gross margin rose from €208,679 in 2010 to €285,278 in 2025.
The balance sheet grew most from 2015 to 2016 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Grondwerken Bothuyne
- What is the company number of Grondwerken Bothuyne?
- The company number of Grondwerken Bothuyne is 0818.067.316. The VAT number is the same number with BE in front: BE 0818.067.316.
- Where is Grondwerken Bothuyne based?
- The registered office is at Kapellestraat 190, 9870 Zulte.Company details
- What does Grondwerken Bothuyne do?
- According to the KBO register, the main activity is site preparation (NACE 43120).
- What is the legal form of Grondwerken Bothuyne?
- Grondwerken Bothuyne is a private limited company (BV).
- When was Grondwerken Bothuyne founded?
- Grondwerken Bothuyne was founded on 26-08-2009.
- Is Grondwerken Bothuyne still active?
- Yes, Grondwerken Bothuyne is an active enterprise in the KBO register.
- How many employees does Grondwerken Bothuyne have?
- Grondwerken Bothuyne had an average of 0.2 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of Grondwerken Bothuyne?
- The turnover in financial year 2025 is ≈ €790,000. This figure is estimated from the gross margin of €285,278 and 145 comparable companies (NACE 43). It probably lies between €610,000 and €1.1m.
- Is Grondwerken Bothuyne profitable?
- In financial year 2025, Grondwerken Bothuyne made a profit of €98,306.
- Where can I find the annual accounts of Grondwerken Bothuyne?
- Grondwerken Bothuyne filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Grondwerken Bothuyne due?
- Grondwerken Bothuyne must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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